Paul Hastings Represents RBC Capital Markets in Financing Permira Funds $455 Million Acquisition of Renaissance Learning

October 19, 2011

New York, NY
(October 19, 2011) - Paul Hastings LLP, a leading global law firm, announced today that the firm represented RBC Capital Markets as a lead arranger for the financing of Permira Funds $455 million acquisition of Renaissance Learning.

The financing consists of a revolving credit facility of $20 million, a first lien term loan facility of $175 million and a second lien term loan facility of $75 million.

Leveraged finance partner Michael Baker led the Paul Hastings team, which also included associates Edward Holmes and Ryan Russell.

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